Charges

The fees for the Liberty Option SIPP have been calculated to provide value for money for the operation of each of our SIPP holders.

In order to make it crystal clear what your clients will be charged on an initial and on-going basis, we have provided this Option calculator which will set out the fees that will be incurred by each client. Visit our Literature page to download the latest Fee Schedule

The calculator is easy to use – please take your time and once you know the Options you wish to utilise, the calculator should be able to provide you with a concise breakdown of fees.

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Initial Fee

Annual Fee

(Due in advance)

Set Up

Application type for membership to scheme

online

paper

-

-

Number of Transfers
(including in-specie)

-

-

Overseas transfer in

-

-

In specie contribution

-

-

Number of standard investments(e.g. Stockbroking account)

-

-

Contributions via Direct Debit

yes

no

-

-

Taking benefits

Tax free cash
(Pension Commencement Lump Sum)

Yes

No

-

-

Drawdown

CappedDrawdown

Flexi-AccessDrawdown

None

-

-

UFPLS Payments

Will you be taking an Uncrystallised Funds Pension Lump Sum (UFPLS) from your SIPP?

Yes

No

-

-

Total
Initial Fee

Total
Annual Fees

-

-

All Liberty fees are subject to VAT.

For clients applying online there will be no set up fee for the SIPP, however for clients sending in a paper application an additional set up fee will be payable due to additional administration work involved.

Select this option if you are transferring existing pensions into your Liberty Option SIPP. If you have several policies with the same provider this can be counted as one transfer and only one transfer fee will be payable.

The membership to scheme fee includes one free standard investment however if you wish to make any further standard investments an additional fee will be incurred. For details of what a standard investment is please refer to the fee schedule and notes.

Property fees are charged per property purchase. Property fees will be split proportionally between SIPP members if the property is owned by two or more SIPP members. *keep the current text but add: Please note that legal fees and disbursements are payable in addition.

For clients just looking to take tax free cash the drawdown fee will not be charged. In all other situations where the client enters either capped or flexible drawdown the £100 fee will be charged on an annual basis until the SIPP is closed or transferred out.

please note the UFPLS fee of £50 plus VAT is not capped.

Select this option if you are transferring in a non UK pension scheme to the Option SIPP. You should speak to us to see if we can accept the transfer first.

Select this option if you are planning to submit a non-cash contribution. If the contribution is in the form of Property then also select the Property options below.

Liberty SIPP uses Metro Bank for its transactional banking purposes. As part of their agreement with Metro Bank any cash deposits receive interest. Metro Bank pays an additional rate above this to Liberty SIPP to cover any transactional costs associated with the management of your account.

Total interest paid by Metro Bank

Member interest rate

Additional rate received by Liberty SIPP

0.95%

0.3%

0.65%

What could you save by switching to Liberty SIPP?

Step 1:

Please work out how much your Liberty fees would be by using our handy calculator above.

Step 2:

Tell us how much you are paying on an annual basis with your current pension provider.

Please enter your current fees here:

Step 3:

Take a step back and see how much you can save with Liberty.

Saving after
1 year:

-

Saving after
5 years:

-

Saving after
10 years:

-

Saving after
25 years:

-

Saving after
40 years:

-

The Liberty fees used are exclusive of VAT and if you need some help working out your Liberty fees please just get in touch with one of our friendly members of staff. This comparison is extremely simplistic and should not be used as a pension illustration. These fees do not take into account any investment fees, dealing charges or adviser fees.

Please note the value of investments, and any income from them can go down as well as up and you may not get back your original investment. We do not offer advice about the suitability of our products or any investments held within them. Should you require financial advice you should consult a suitably qualified financial adviser.

You could have an extra £0
to spend in your retirement by
switching to Liberty SIPP today!

Find out more about the Liberty Option SIPP

Liberty's approach to the SIPP marketplace is to provide an accessible, easy to understand and cost effective product which gives their customers the greatest possible flexibility to manage their retirement funds.

Get in touch.

Liberty SIPP is a trading name of EBS Pensions Limited. EBS Pensions Limited (No. 998606) is a company registered in England and a wholly owned subsidiary of Embark
Group Limited, with its registered office at 5th Floor, 100 Cannon Street, London EC4N 6EU. EBS Pensions Limited is authorised and regulated by the Financial Conduct Authority (Registration No. 134908).

5 star SIPP.

Liberty SIPP provides one of the highest quality offerings in the market, The Liberty Option SIPP has been rated 5 stars by independent financial research and software company Defaqto

Making sense of YOUR pension

Disclaimer

I understand that by setting up a SIPP I will be risking my own capital with the investments held within the SIPP wrapper, and that the value of these investments can go down as well as up.

I also understand that any tax treatment on contributions or taxation arising from my investments with the SIPP wrapper are dependent on my own personal circumstances and may be subject to change in the future.

Please note if you are looking to transfer in a Final Salary or Defined Benefit Scheme we will not be able to set your SIPP up unless you have received appropriate advice to do so from a regulated adviser.

Disclaimer

Welcome to the Liberty SIPP Investment Zone.

As well as articles from the press and a very interesting blog by Liberty, the contents held within these pages have also been provided by 3rd parties and are not the opinions or advice of Liberty SIPP Limited or Liberty Trustees Limited (“Liberty”). Liberty are not regulated to give investment advice and by ticking this box I understand that any information obtained from reading this page cannot be construed as being advice from Liberty.

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